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The Times of India
The Times of India
Business
Saurabh Sinha | TNN

IndiGo Q4 loss balloons to Rs 1,682 crore due to Omicron, costlier fuel & weaker rupee

IndiGo Omicron New Delhi

NEW DELHI: IndiGo’s loss for the January-March 2022, quarter ballooned to Rs 1,681.8 crore, up 47% from a loss of Rs 1,147.2 crore, due to a mix of factors like the Omicron wave, costlier jet fuel and weaker rupee.

While total income rose 29% to Rs 8,207.5 crore in Q4 from Rs 6,361.8 in same period last year, fuel cost in this period rose 68% from Rs 1,914.5 crore last Q4 to Rs 3,220.6 crore this Q4.

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